Monthly Lithium Market Report Apr 2020
2020-05-15 12:03:42 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Market Highlights
Cathode material producers were cautious in purchasing lithium chemicals, so lithium carbonate producers had to cut their prices further in order to promote sales. As orders from high-nickel ternary material producers decreased, lithium hydroxide prices moved down.
On the power auto market, power battery plants held low operating rates, accordingly demand for LNCMO was weak and LNCMO prices moved down.
The 3C electronics market was in better conditions than the power auto market; but affected by dropping prices for raw material lithium carbonate and cobalt tetroxide, LCO prices failed to stay firm.
Demand for lithium metal was stable; but depressed by dropping prices for raw material lithium carbonate and lithium chloride, lithium metal producers cut their selling prices.
Cathode material producers were cautious in purchasing lithium chemicals, so lithium carbonate producers had to cut their prices further in order to promote sales. As orders from high-nickel ternary material producers decreased, lithium hydroxide prices moved down.
On the power auto market, power battery plants held low operating rates, accordingly demand for LNCMO was weak and LNCMO prices moved down.
The 3C electronics market was in better conditions than the power auto market; but affected by dropping prices for raw material lithium carbonate and cobalt tetroxide, LCO prices failed to stay firm.
Demand for lithium metal was stable; but depressed by dropping prices for raw material lithium carbonate and lithium chloride, lithium metal producers cut their selling prices.
